Textile realities
This refers to the news report, ‘Textiles, our Achilles heel’ (May 24). It is indeed shocking that, despite enjoying so many advantages, our textile sector has deteriorated so much that even Bangladesh and Vietnam (countries that do not produce cotton) have raced ahead of us and now have double the share of textile trade compared to Pakistan.
According to the news report, “Land cost/leasing price in $/sq metre is $60-100 in India, $80 in Bangladesh, $90 in Vietnam and $15-30 in Pakistan. Raw water cost (US cents per m3) is over 25 cents in India, 35 cents in Vietnam and Bangladesh, while it is only 15 cents in Pakistan. Steam cost in Pakistan is at least 20 percent less than in all these competing economies”. Yet our textile barons want the government to continue providing them with the power subsidy. One hopes this government will end the subsidy and save precious revenue.
Shakir Lakhani
Karachi
-
Celine Dion Reveals Music She's Listening To Lately -
HR Exec Kristin Cabot To Speak At Crisis PR Conference After Coldplay Incident -
Why Travis Kelce Says Taylor Swift Has Made Him 'so Much Better'? -
Halle Berry Credits This Hairstyle With Launching Her Acting Career -
Hailee Steinfeld Spills Her 'no-phone' Rule With Husband Josh Allen -
Bowen Yang Gets Honest About Post SNL Life: 'It’s An Adjustment' -
Charlize Theron Delivers Strong Message At 2026 Winter Olympics Opening Ceremony -
Lil Jon Reacts To Son Nathan Smith's Death: 'Devastated' -
Bianca Censori Reveals Where She And Kanye West Stand On Having Children Together -
Taylor Swift Hypes Olympic Athletes In Surprise Video Message -
Timothy Busfield Charged With Four Counts Of Child Sexual Abuse -
Amy Schumer Explains Why Her Sudden Photo Surge Is ‘not A Cry For Help’ -
Kanye West First Contacted Bianca Censori While In Marriage To Kim Kardashian? -
Travis Kelce Reveals What His Nieces Really Do When He, Taylor Swift Visit -
Lola Young Makes Career Announcement After Stepping Back From Touring -
Priyanka Chopra Shares Heartfelt Message For Nick Jonas